London

​​18th July 2017 - JLL H&H has advised on the sale of the DoubleTree by Hilton hotel in Ealing, London, to a joint venture between two Singapore-based entities.

JLL H&H was appointed as advisers to Gilmour S.a.r.l on the disposal of the freehold interest of the 189-room hotel to the joint venture company HPL Ealing Private Ltd. The four-star hotel is in an excellent location to benefit from leisure and business clientele, being close to several business parks and event venues. The new Ealing Crossrail station set to open in 2018 will further improve the location's accessibility to London and the South East, and the refurbishment of the Ealing Broadway Shopping Centre and station will further boost the area.

The hotel has been purchased with the benefit of a franchise agreement with Hilton under their upscale DoubleTree brand.

Will Duffey, Executive Vice President at JLL H&H, who advised on the sale, commented: "The devaluation of the pound following the Brexit vote makes the UK hotel investment market even more attractive for offshore capital. This is the second transaction that JLL H&H has closed in the last month to Asian capital in the UK. The DoubleTree by Hilton Hotel London - Ealing is the largest hotel transaction in West London this year."